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European markets opened mixed on Thursday as investors in the region look ahead to the European Central Bank's next rate decision. Autos fell 1.4% as initial optimism over an EU probe into Chinese electric vehicle subsidies soured over fears of retaliatory action. Economists surveyed by Dow Jones had forecast an increase of 3.6%. The core consumer price index, which excludes food and energy and is closely monitored by the Federal Reserve, rose by 0.3% on the month and 4.3% on the year. Economists polled by Dow Jones signaled rises of 0.2% and 4.3%, respectively.

Persons: Dow Jones Organizations: Central Bank's, EU, ECB, U.S . Department of Labor, Federal

☆ Here's the inflation breakdown for August 2023, in one chart
▼ + stars: | 2023-09-13 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Anadolu Agency | Anadolu Agency | Getty ImagesInflation rose in August on the back of higher gasoline prices, according to the consumer price index. Gasoline was the largest contributor to inflation in August, accounting for more than half of the increase, according to the BLS. This pared-down measure — known as "core" CPI — fell to an annual rate of 4.3% in August from 4.7% in July. On a monthly basis, core inflation rose slightly, to 0.3% in August from 0.2% in July. The increase in monthly core CPI "is a little bump in the road," said Kayla Bruun, senior economist at Morning Consult.

Persons: Andrew Hunter, Hunter, Kayla Bruun, " Bruun, Greg McBride, Ben Bernanke, Olivier Blanchard, Scott Olson Organizations: Anadolu Agency, Getty, Capital Economics, U.S . Bureau of Labor Statistics, CPI, AAA, BLS, Transportation, U.S . Department, Morning, Bankrate, U.S . Federal Reserve, Peterson Institute for International Economics Locations: Virginia, U.S

☆ August core inflation, excluding food and energy, rose 0.3%, hotter than expected
▼ + stars: | 2023-09-13 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

However, excluding volatile food and energy, the core CPI increased 0.3% and 4.3%, respectively, against estimates for 0.2% and 4.3%. Federal Reserve officials focus more on core as it provides a better indication of where inflation is heading over the long term. Inflation posted its biggest monthly increase this year in August as consumers faced higher prices on energy and a variety of other items. Food prices rose 0.2% while shelter costs, which make up about one-third of the CPI weighting, climbed 0.3%. Within shelter, the rent of primary residence index rose 0.5% and increased 7.8% from a year ago.

Persons: Dow Jones, airfares, Lisa Sturtevant, Sturtevant, paychecks, Andrew Hunter Organizations: Federal Reserve, U.S . Department of Labor, Transportation, Bright MLS, Treasury, Labor Department, Capital Economics, Group

☆ The latest inflation uptick means the Fed will likely raise interest rates one more time
▼ + stars: | 2023-09-13 | by ( Jeff Marks | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. Equities gain, despite inflation uptick Stocks edged up in midmorning trading Wednesday — the S & P 500 was 0.23% higher — even as the monthly consumer price index showed inflation climbed more than expected last month. The news likely means the Federal Reserve will need to raise interest rates by another 25 basis points. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Jim Cramer's, Jim Organizations: CNBC, Oracle, Ford, U.S . Department of Labor, Club, JPMorgan, Ford UBS, UBS, United Auto Workers

☆ Matt Gaetz says he's going to try to oust Kevin McCarthy from the speakership 'every single day'
▼ + stars: | 2023-09-13 | by ( John L. Dorman | ) www.businessinsider.com time to read: +3 min

Matt Gaetz is threatening Kevin McCarthy with motion to vacate votes for the House speakership. Gaetz on Tuesday remarked that McCarthy wasn't pursuing conservative reforms as he had promised. I don't anticipate them passing immediately," Gaetz told reporters of potential votes for McCarthy's ouster. And during a Tuesday evening appearance on CNN, Gaetz reiterated his calls for motion to vacate votes against McCarthy absent conservative reforms that the congressman has sought. "The motion to vacate question is a hypothetical one that's not before us," the New York Democrat told reporters on Tuesday.

Persons: Matt Gaetz, Kevin McCarthy, Gaetz, McCarthy, Hakeem Jeffries, Matt Gaetz hasn't, Joe Biden, Abby Phillip, pare, Phillip, We've Organizations: Service, California Republican, Florida Republican, CNN, of Education, Department of Labor, New York Democrat Locations: Wall, Silicon, Florida

☆ A looming childcare cliff could cost families $9 billion in earnings and leave millions of kids without care. Democratic lawmakers want to avoid a crisis.
▼ + stars: | 2023-09-13 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The Child Care Stabilization Act would allocate $16 billion to childcare annually for five years to aid providers. At the same time, childcare workers are facing low pay and tough conditions; they have previously told Insider that the industry needs even more subsidizing. AdvertisementAdvertisement"It is the thing that we pay the most money for," she previously told Insider . She's not alone: Other parents have told Insider that high costs for scarce childcare have led them to drop out of the workforce completely. AdvertisementAdvertisement"Right now we have a childcare crisis with ARPA funding," Rep. Jimmy Gomez of California, a member of the Congressional Dads Caucus , said.

Persons: Joe Biden's, Sen, Patty Murray, Katherine Clark, Paige Connell, She's, Kaitlin Peterson, Jimmy Gomez Organizations: Rescue, Service, Democratic, Century Foundation, unsustainably, Department of Labor, ARPA, Congressional, Caucus Locations: Wall, Silicon, Washington, Massachusetts, Denver, Jimmy Gomez of California

☆ The typical NYC family is spending more than 25% of its income on childcare — triple what's deemed affordable
▼ + stars: | 2023-09-12 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +4 min

New York City families are spending over a quarter of their income on childcare. The typical New York City family is spending over 25% of its income to pay for the childcare of just one kid, according to data from the Department of Labor . For its New York City childcare expenses to meet the federal standard for affordability, a family would need to earn roughly $300,000 per year. AdvertisementAdvertisementCindy Lehnhoff, director of the National Child Care Association, previously told Insider that more funding — not changing ratios — is what's necessary to resolve the national crisis. Are you struggling to afford childcare or finding creative solutions?

Persons: Robin Hood, Taryn Morrissey, Cindy Lehnhoff, Lehnhoff Organizations: Service, Department of Labor, New, Robin Hood Foundation, American, Century Foundation, American University, National Child Care Association Locations: York City, Wall, Silicon, New York City, New, Kansas

☆ Some 70,000 child-care providers may close as federal aid ends, report finds. What that means for parents
▼ + stars: | 2023-09-12 | by ( Ana Teresa Solá | ) www.cnbc.com time to read: +6 min

Child care 'is a public good'Experts say that systemic change, such as broader parental leave and more public funding for child care, must be involved in order for child care to improve at a larger scale. The national annual cost of child care was about $10,853 for one child in 2022, the organization Child Care Aware of America found. In 2023, 67% of parents reported to spend 20% or more of their household income on child care, Care.com found. Use the benefits you have availableYour workplace may have some options to help you find care, such as backup care providers or on-site child care. Meanwhile, California, Colorado, Hawaii and New Mexico passed laws to provide universal preschool in the past year.

Persons: Lauren Rosenberg, Taryn Morrissey, Morrissey, Care.com, Katherine Gallagher Robbins Organizations: Portland Press Herald, Getty, U.S . Bureau of Labor Statistics, American University, U.S . Department of Labor, D.C, Strong, Society for Human Resource Management, District of Columbia, The National Partnership for Women, Washington, Washington , D.C, National Institute for Early Education Research Locations: Portland , Maine, Hamilton, America, Washington, U.S, California , Colorado , Connecticut, Delaware , Maine , Maryland , Massachusetts, Minnesota , New Jersey , New York , Oregon, Rhode Island, Washington ,, Florida , Iowa , Oklahoma , Vermont, West Virginia, Wisconsin, Georgia , Illinois, Maine, New York, , California , Colorado, Hawaii, New Mexico

Median prices for nearly every type of child care in New York City have shot up since 2017, according to state surveys of providers. And the workers who provide child care are reeling from high costs and are leaving the industry. Many make just over minimum wage, leaving them barely able to afford to stay in New York City or pay for care for their own children. Interviews with more than three dozen parents, nannies, day care providers and experts revealed a potentially devastating crisis for the future of New York City. In recent years, only the astronomical cost of housing has presented a greater obstacle to working families than the cost of child care, experts said.

Organizations: Yorkers, New York City, U.S . Department of Labor Locations: New York, New York City, York City

“In this case, Tony Downs has agreed to take important steps to prevent child labor violations,” department Commissioner Nicole Blissenbach said in a statement. Political Cartoons View All 1148 ImagesTony Downs “disputes and does not admit the violations of law alleged” by the labor department, according to the agreement. The investigation into Tony Downs began after the Minnesota labor department received a complaint about working conditions at the Madelia plant, according to the complaint. Investigators conducted an overnight inspection between Jan. 26 and Jan. 27, interviewed workers, documented working conditions and contacted area school districts. The labor department found that Tony Downs was aware of the issue.

Persons: Tony Downs, Nicole Blissenbach Organizations: Tony, Tony Downs Food Company, Minnesota Department of Labor, Industry, Employers Locations: Minn, Minnesota, Mankato, Madelia

Mortgage rates jumped a bit in the past couple of days, with average 30-year mortgage rates back up above 7%. See more mortgage rates on Zillow Real Estate on ZillowMortgage CalculatorUse our free mortgage calculator to see how today's mortgage rates would impact your monthly payments. Mortgage Rates for Buying a Home30-Year Fixed Mortgage Rates Increase (+0.25%)The current average 30-year fixed mortgage rate is 7.12%, up 25 basis points since this time last week. 15-Year Fixed Mortgage Rates Tick Up (+0.14%)The average 15-year mortgage rate is 6.35%, a 14-basis-point increase from last week. Mortgage rates have been volatile so far in 2023, and they're higher than they were in September 2022.

Persons: homebuyers, you'll, It's, refinance Organizations: Department of Labor, Zillow, FHA Locations: Chevron

☆ Wisconsin sawmill has agreed to stop hiring children after a 16-year-old died on the job
▼ + stars: | 2023-09-07 | by ( Charles R. Davis | ) www.businessinsider.com time to read: +5 min

A Wisconsin sawmill operator has agreed to stop hiring children after the death of a teenager. Michael Schuls, 16, died of "traumatic asphyxia" after an accident at Florence Hardwoods. The company also employed nine children, some as young as 14, "to illegally operate machinery," including saws for processing lumber. AdvertisementAdvertisement"While we did not knowingly or intentionally violate labor laws, we accept the findings and associated penalties," Florence Hardwoods said in a statement provided to Insider. In May, a pair of Wisconsin Republicans began circulating a bill that would allow 14-year-olds to serve alcohol; earlier, the state's Republican-led legislature legalized children working as late as 11 p.m.

Persons: Michael Schuls, Labor Julie Su, Schuls, Seema Nanda, —, Kim Reynolds, May, Reynolds, cdavis@insider.com Organizations: Labor, Service, US Department of Labor, Green Bay Press, Gazette, Sheriff's, Press - Gazette, Department of Labor, Wisconsin Republicans, Republican, Des Moines Register Locations: Wisconsin, Florence, Wall, Silicon, Mississippi, Iowa

☆ 13% of Americans have a disability—what this means during the job application process
▼ + stars: | 2023-09-06 | by ( Isabel Engel | In Isabel--Engel | ) www.cnbc.com time to read: +5 min

But this percentage is likely an undercount, Mia Ives-Rublee, disability justice initiative director at the Center for American Progress, tells CNBC Make It. Employers aren't allowed to ask you about your disability status in a job interview, so why are they allowed to include a voluntary question on a job application? "Legally, it cannot be flagged on your application," Ives-Rublee says. The choice to self-identify on a job application, or once you are hired into a company, is a deeply personal one, Ives-Rublee acknowledges. It is, of course, up to you to decide if or when you are comfortable disclosing your disability status — even if you know the self-identification will be kept confidential during the job application process.

Persons: Mia Ives, it's, Ives, Rublee, Employers aren't Organizations: Pew Research, Center for American, CNBC, Ives, Employers, Rehabilitation, U.S . Department of Labor, U.S . Department, Labor's Locations: United States

☆ U.S. job growth slowed sharply to 177,000 in August, below expectations, ADP says
▼ + stars: | 2023-08-30 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +1 min

Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates. The firm reported Wednesday that private employers added 177,000 jobs in August, well below the revised total of 371,000 jobs added in July. ADP also reported that pay growth slowed for workers who changed jobs and those who stayed in their current positions. The ADP report has traditionally been seen as a signal of what the Department of Labor's monthly jobs report will show. The Department of Labor's jobs report is due out on Friday.

Persons: Dow Jones, Nela Richardson, Jerome Powell Organizations: ADP, Labor, Federal Locations: Manhattan, New York City, United States

REUTERS/Seth Wenig/File Photo Acquire Licensing RightsAug 30 (Reuters) - The administration of U.S. President Joe Biden on Wednesday moved to extend mandatory overtime pay to 3.6 million salaried workers, going even further than an Obama-era rule that was struck down in court. The proposed rule would not affect overtime eligibility for workers who are paid hourly. Salaried workers who earn above the salary threshold may still be eligible for overtime pay if they do not primarily perform management-related duties. But a federal judge in Texas the following year said that ceiling was so high that it could sweep in some management workers who are exempt from overtime pay protections. Ben Brubeck, vice president of construction trade group Associated Builders and Contractors, on Wednesday called the proposed rule disappointing.

Persons: Seth Wenig, Joe Biden, Obama, Trump, Jessica Looman, Looman, Ben Brubeck, DOL, Brubeck, Daniel Wiessner, Bernadette Baum, Bill Berkrot Organizations: Brooklyn, REUTERS, U.S, U.S . Department of Labor, Labor Department, Workers, Associated Builders and Contractors, Thomson Locations: New York, California, Texas, Albany , New York

☆ If you make less than $55,000, the Labor Department wants you to start getting overtime pay
▼ + stars: | 2023-08-30 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +4 min

The Department of Labor proposed a new rule that would update who's eligible for overtime. Currently, workers making under about $36,000 can get extra pay for extra hours. One study found that some firms give out fake manager titles to try and avoid paying their workers overtime. That means a sizable chunk would be eligible for overtime pay under the new $1,059 weekly threshold. It's not the first time that a Democratic administration has targeted the overtime threshold.

Persons: Judy Conti, Conti, they're, Julie Su, I've, Barack Obama Organizations: of Labor, Service, Biden, Department of, National Employment Law, Bureau of Labor Statistics, Democratic Locations: Wall, Silicon

☆ Chipotle is paying $322,400 to settle allegations its DC locations let minors work more than 48 hours a week
▼ + stars: | 2023-08-29 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Chipotle is paying more than $300,000 to settle allegations of child labor in Washington, D.C.D.C. alleges Chipotle let minors work over 48 hours a week and more than six straight days a week. Chipotle denies the allegations, but will adopt policies to comply with child labor laws as part of a settlement. Schwalb's office began the investigation in May 2022 after seeing reports alleging Chipotle violated child labor laws in other jurisdictions, according to the release. The investigation identified more than 800 potential violations of the district's child labor laws dating back to April 2020. Chipotle was previously accused of child labor law violations in Massachusetts and New Jersey.

Persons: Chipotle, Brian L, Schwalb, Laurie Schalow Organizations: Service, Washington , D.C, Washington, New Jersey Department of Labor, National Labor Relations Board Locations: Washington ,, Wall, Silicon, Massachusetts, New Jersey, Augusta , Maine

What young investors wantRecent survey data indicates that Cohen isn't alone. And active young investors are willing to give up returns to see that goal through. Nearly a fifth of the Gen Z investors said they would accept returns between 9% and 11.8%, rather than the full 12% average return. The data comes as accountability measures and standards for ESG investing are hotly debated. "What we see with ESG investing is that it creates something that you can signal to other people."

Persons: Hannah Cohen, Cohen, Cohen isn't, X, Gen, boomers, Matthew Ivler, I'm, Ivler, Joe Biden, Julie O'Brien, O'Brien Organizations: Energy ETF, Global, Autonomous & Electric Vehicles ETF, U.S . Bank, Chevron, Edison International, Resources ETF, Stanford Graduate School of Business, Rock Center, Corporate Governance, Hoover Institution, U.S . Department of Labor, Republicans Locations: Washington

☆ A construction company could face over $260,000 in fines after a 23-year-old was killed by a crane collapse
▼ + stars: | 2023-08-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

A 23-year-old construction worker died in March when an overloaded crane collapsed. Its 15 violations included failing to create or employ an accident prevention program. AdvertisementAdvertisementOSHA cited S&D Erectors with a total of 15 violations, including operating a mobile crane in excess of its rated capacity. The federal agency also said that S&D Erectors did not create and employ an accident prevention program, or perform frequent and regular inspections of the site. S&D Erectors could not be reached for comment.

Persons: DOL, Erectors, Timothy Minor Organizations: OSHA, Service, Department of Labor, Wednesday, Occupational Safety, Health Administration Locations: Wall, Silicon, Texas

By Meg Anderson, vice president and chief information security officer at Principal®This story previously appeared on principal.com. Employment of information security analysts is expected to grow 31% from 2021 to 2031*, outpacing the average for all occupations. There's always room for continued improvement in digital operations, of course, but we can start feeling more optimistic about progress that's been made toward cybersecurity for small businesses. *U.S. Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, information security analysts, September 2022. © 2023 Principal Financial Services, Inc. Principal®, Principal Financial Group®, and Principal and the logomark design are registered trademarks of Principal Financial Services, Inc., a Principal Financial Group company, in the United States and are trademarks and service marks of Principal Financial Services, Inc., in various countries around the world.

Persons: Meg Anderson, we've, what's, We've, cybersecurity, There's, that's Organizations: Software, Cyber Readiness, CRI, Infrastructure Security Agency, Insider Studios, U.S . Bureau of Labor Statistics, . Department of Labor, Life Insurance, Financial Services, Inc, Financial Group Locations: I'm, cyberattacks, Des Moines, United States

☆ 34 high-paying jobs for people who don't like stress
▼ + stars: | 2023-08-21 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

O*NET scores job characteristics like stress tolerance on a scale from 0 to 100, where a 0 means stress tolerance is not at all necessary for an occupation, and 100 suggests a job with a very high-stress environment. We ranked occupations from most to least stressful using O*NET's stress tolerance score, with lower scores indicating less stressful jobs. For instance, postsecondary economics teachers had a stress tolerance score of 63 and had an average annual wage of $122,750. This job had a stress tolerance score of 51 and an average annual wage of $77,310. For instance, a few high-paying occupations had a stress tolerance score of 68, such as geoscientists and postsecondary mathematical science teachers.

Persons: Andy Kiersz Organizations: Service, Bureau of Labor Statistics Locations: Wall, Silicon

☆ There's an underlying trend that's making the Fed's job easier, Wharton's Jeremy Siegel says
▼ + stars: | 2023-08-21 | by ( Hakyung Kim | ) www.cnbc.com time to read: +1 min

The U.S. economy could bring down inflation while avoiding a growth slowdown — thanks to a rise in productivity, according to Jeremy Siegel, professor of finance at the Wharton School of Business. "The last quarter was, outside of the few months around the pandemic, the best quarter for productivity in over six years," Siegel told CNBC's "Squawk Box" on Monday. Data from the U.S. Department of Labor showed that nonfarm business sector labor productivity rose 3.7% during the prior quarter, as output gained 2.4% and hours worked fell 1.3%. The Atlanta Federal Reserve's GDPNow tracker of incoming data is suggesting growth of 5.8% in the period of July through September. "That's how you can have strong GDP growth without pressure on the labor market, and really without pressure on inflation.

Persons: Jeremy Siegel, Siegel, CNBC's, Jay Powell, Jerome Powell Organizations: Wharton School of Business, U.S . Department of Labor, Atlanta Federal Locations: U.S

☆ Boston Market New Jersey restaurants ordered closed for unpaid wages
▼ + stars: | 2023-08-16 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —New Jersey ordered more than two dozen Boston Market locations to close Tuesday because regulators found “multiple violations of workers’ rights,” including failure to pay wages, and fined the restaurant chain nearly $2.6 million. The privately owed chain was also slapped with an additional $1.2 million in liquidated damages and $570,000 in administrative fees and penalties. Boston Market didn’t immediately respond for comment. The chicken chain is dealing with is a $12 million lawsuit from food distributor US Foods alleging that Boston Market owes it $11 million in unpaid bills from the past two years. Boston Market had more than 1,000 locations across the United States just a few years ago.

Persons: ”, Joseph Petrecca, NJDOL, Rohan, it’s Organizations: New, New York CNN —, Boston, New Jersey Department of Labor, Workforce Development, Boston Markets, Boston Market, NJDOL’s, Boston Market Boston, Engage Brands, Rohan Group, Companies, Foods, Arizona and Massachusetts . Boston Locations: New York, Jersey, Arizona and Massachusetts, United States

☆ These kids get free vacations thanks to their YouTube fame. But what happens behind the scenes?
▼ + stars: | 2023-08-15 | by ( Lilit Marcus | ) edition.cnn.com time to read: +13 min

McCarty started a campaign called Quit Clicking Kids, aimed at stopping people using children on social media for monetary gain, in 2022. Child labor rights in the United States, from the factory to the internet: A timeline 1904 The National Child Labor Committee is founded, with the goal of ending all child labor. 1916 The first child labor bill – the Keating-Owen Act – is passed, which bans the interstate sale of any article produced with child labor and regulates the number of hours a child could work. In May 2023, the US Surgeon General’s office issued an advisory about social media and kids’ mental health. And for too many children, social media use is compromising their sleep and valuable in-person time with family and friends.

Persons: Chris McCarty, McCarty, Myka Stauffer, Stauffer, it’s, –, Keating, Owen, Franklin Delano Roosevelt, Coogan, ”, Instagram, Carlotta Dotto, Lilit Marcus The Coogan, Jackie Coogan, aren’t, “, Vivek Murthy, ” Stacey Steinberg, what’s, Steinberg, Yukari Schrickel, Mom Brooke Morrison, Parker, McKenzie, Morrison, ” Caz Makepeace, Craig, you’re, ’ ” Makepeace, Alex Winter, Machelle Hobson, Hobson, Makepeace, vlogging, Caz, they’re, “ We’ve Organizations: CNN, Morrisons, University of Washington, Child Labor, US, Labor, California, UN, Education, Trust, Facebook, National Archives, US Department of Labor, Actors, The Federal Trade Commission, New York Department of Labor, Washington State Legislature, Center, Children, University of Florida’s Levin College of Law, YouTube, Credit, Apple, Google Locations: New Orleans, Arizona, London, Dominican Republic, United States, New York, Illinois, California, ”, Australia

☆ AI is going to eliminate way more jobs than anyone realizes
▼ + stars: | 2023-08-14 | by ( Emil Skandul | ) www.businessinsider.com time to read: +16 min

We didn't see the internet coming, but AI is within viewThe adoption of groundbreaking technology is often hard to predict. The World Economic Forum estimated 83 million jobs worldwide would be lost over the next five years because of AI, with 69 million jobs created — that leaves 14 million jobs that will cease to exist during that timeframe. In the US, the knowledge-worker class is estimated to be nearly 100 million workers, one out of three Americans. The small and large compounding effects of productivity growth across many industries are central to the growth trajectory and the long-run effects of AI. This is an alarmingly trivial amount for an economy of $25 trillion GDP and over 150 million workers.

Persons: Goldman Sachs, Joseph Schumpeter, Bill Gates, David Letterman, Paul Krugman, Erik Brynjolfsson, —, Brynjolfsson, Robert Solow, Robert Gordon, provocatively, It's, Gordon, David Autor, Maria Flynn, Flynn, –, Georgia –, Emil Skandul, Tony Blair Organizations: McKinsey, Newsweek, Stanford University, Microsoft, Amazon, Cisco, Economic, International Labor Organization, Organization for Economic Co, Development, MIT, Congressional, Office, Department of Labor, Tony Blair Institute Locations: Washington, Singapore, New York, Georgia

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